Australia News


Santos Grants More Time for Finalization of $18.7B ADNOC-Led Takeover Offer

Aug 26, 2025

Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…

Jadestone’s Flow Test Exceeds Expectations at Australian Offshore Oil Field

Aug 25, 2025

Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…

Australia’s Novocastrian Offshore Wind Project Stalled

Aug 24, 2025

Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…

ExxonMobil Starts Drilling off Australia with Valaris Jack-Up Rig

Aug 08, 2025

Esso Australia, ExxonMobil’s Australian subsidiary, has started drilling for the nearly $200 million Kipper 1B project, which will bring online much-needed additional gas supply from the Gippsland Basin.The project is using Valaris’ VALARIS…

MMA Offshore Officially Becomes Cyan Renewables

Jul 21, 2025

MMA Offshore has rebranded to Cyan Renewables following the acquisition, and opened a Melbourne office to support Australia’s offshore wind sector.The rebrand marks a pivotal step in aligning the business with Australia’s emerging offshore wind…

Transocean Scoops $199M in Second Quarter Drilling Rig Deals

Jul 17, 2025

Offshore drilling contractor Transocean has secured four new contracts and extensions for its semi-submersible rigs and drillships during the second quarter of 2025, worth approximately $199 million.During the quarter, Transocean secured a contract extension with Equinor…

Australian Engineering Firm Gets Work on Shell’s Crux Gas Platform

Jul 10, 2025

Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…

Floatel Secures Longer Stay for Accommodation Rig off Australia

Jul 03, 2025

Offshore accommodation rig provider Floatel International has secured another contract offshore Australia for its Floatel Tirumph accommodation rig.The assignment is for approximately 35 days with an option for the client to extend. The expected start date is in the fourth quarter of 2026…

BW Opal FPSO Arrives to Santos' Barossa Gas Field off Australia

Jun 19, 2025

BW Opal floating production, storage and offloading (FPSO) unit, operated by BW Offshore, has arrived at Santos’ Barossa gas field, marking a critical milestone on the path to first gas in the third quarter of 2025.Since its arrival, on June 15…

BW Opal FPSO Vessel set for Work off Australia

May 28, 2025

Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore.'We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years,' said Marlin Khiew…

Chevron Hires MMA Offshore’s PSV to Support Assets off Australia

May 20, 2025

MMA Offshore, a subsidiary of Cyan Renewables, has secured a multi-year contract from Chevron Australia for its platform supply vessel (PSV) MMA Plover.The vessel has been contracted to provide marine logistics support to Chevron’s Barrow Island and Wheatstone assets…

Floatel Confirms Deal for Floatel Triumph Off Western Australia

Mar 14, 2025

Offshore accommodation rig provider Floatel International has informed that the previously communicated Letter of Intent (LOI) with an undisclosed client for Floatel Triumph has now been converted into a firm contract.The assignment, located offshore Western Australia…

Fugro Nets Another Offshore Wind Job in Australia

Mar 10, 2025

Dutch geological data specialist Fugro has secured the contract for offshore soil investigation services for the proposed Blue Mackerel offshore wind farm in Australia.Fugro will execute offshore geotechnical investigations to support the Blue Mackerel project being developed by Parkwind…

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